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Project K costs $20,000, its expected cash inflows are $6,000 per year for 7 years, and its WACC is 7.00%. What is the project's payback?

Project K costs $20,000, its expected cash inflows are $6,000 per year for 7 years, and its WACC is 7.00%. What is the project's payback? 4.000 years 3.333 years 4.715 years 3.929 years 2.667 years

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